Investors should be pleased with Global-e Online's recent selloff. Here's why.

Growth stocks are the most volatile names on the market, second only to biotechs. Their fundamentals change rapidly and often unpredictably, resulting in wild stock price swings. And they get punished hard when they fail to exceed the lofty expectations of Wall Street. This is what happened this week with Global-e Online ($GLBE), one of the fastest-growing e-commerce companies on the market.

GLBE missed Q3 growth estimates and lowered its full-year outlook, and its stock price plunged nearly 30%. This reaction was actually justified, as investors hate lower-than-expected earnings and guidance.

While Q3 earnings and the guidance were weaker than analyst expectations, they were certainly not weak on an absolute basis. Global-e continues to grow very rapidly and profitably, and this strong momentum is expected to continue thanks to powerful tailwinds and partnerships. The recent dip seems like a great opportunity to scoop up shares in a high-quality growth company. Here's why.

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